Monthly Archives: May 2026
Markets ride Middle East headlines, yen intervention fears and US jobs data as dollar slips
Written on May 6, 2026 at 12:55 pm, by josephine
Markets swung on Middle East news, yen intervention; dollar fell, oil slid, gold surged, jobs awaited.
Gold climbs above $4,680 as weaker dollar and lower oil offset rate-hike risks
Written on May 6, 2026 at 12:53 pm, by josephine
Gold climbs above $4,680 as dollar and oil fall; Iran deal hopes calm markets, limiting gains.
Riksbank Seen Holding at 1.75% as Iran War Risks Cloud Growth and Challenge Krona Expectations
Written on May 6, 2026 at 12:25 pm, by josephine
Riksbank likely holds 1.75% rate, keeps hike option amid Iran-driven energy shock and weakening confidence.
Italy Retail Sales Beat Forecasts, Fuelling Optimism on FTSE MIB, Bunds and Euro Outlook
Written on May 6, 2026 at 12:23 pm, by josephine
Italy’s March retail sales beat forecasts, rising 0.8% monthly versus an expected 0.4% decline.
Italy Retail Sales Growth Accelerates to 3.7% in March, Supporting Equities and the Euro
Written on May 6, 2026 at 11:55 am, by josephine
Italy’s non-seasonally adjusted retail sales rose 3.7% year-on-year in March, accelerating from 1.6% previously.
Eurozone services PMI edges up to 47.6, easing contraction and tempering euro gains
Written on May 6, 2026 at 11:53 am, by josephine
Eurozone HCOB Services PMI rose to 47.6 in April, beating forecasts but still signalling contraction.
German April HCOB Composite PMI beats forecasts as contraction eases, bolstering DAX and euro options case
Written on May 6, 2026 at 11:26 am, by josephine
Germany’s HCOB Composite PMI rose to 48.4 in April, slightly above forecasts, still indicating contraction.
France’s April HCOB Composite PMI Holds at 47.6, Reinforcing Contraction and ECB Cut Bets
Written on May 6, 2026 at 11:23 am, by josephine
France’s HCOB Composite PMI matched forecasts at 47.6 in April, signalling continued contraction in private-sector activity.
France Services PMI Holds at 46.5, Reinforcing Contraction and Bolstering ECB Cut Expectations
Written on May 6, 2026 at 10:56 am, by josephine
France’s HCOB Services PMI held at 46.5 in April, meeting forecasts and signalling continued sector contraction.
RBA Hits 4.35% Peak as Oil Shock Fades, Markets Price Multiple Rate Cuts in 2026
Written on May 6, 2026 at 10:53 am, by josephine
RBA raises cash rate to 4.35%, calling policy restrictive; may pause to assess Iran war impacts.